FLI.TO vs. CCCX-B.TO

Last updated Jun 4, 2026

FLI.TO (CI U.S. & Canada Lifeco Covered Call ETF (Hedged Common Units)) and CCCX-B.TO (CI Galaxy Core Multi-Crypto ETF (CAD)) are both exchange-traded funds - FLI.TO is a Derivative Income fund actively managed by CI Global Asset Management, while CCCX-B.TO is a Cryptocurrency fund actively managed by CI Global Asset Management. Both are actively managed. At a 0.12 correlation, their price movements are largely independent.

Performance

FLI.TO vs. CCCX-B.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI U.S. & Canada Lifeco Covered Call ETF (Hedged Common Units) (FLI.TO) and CI Galaxy Core Multi-Crypto ETF (CAD) (CCCX-B.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLI.TO achieves a 3.96% return, which is significantly higher than CCCX-B.TO's -28.96% return.

FLI.TO

• 1D: -1.56%
• 1M: 1.91%
• YTD: 3.96%
• 6M: 7.77%
• 1Y: 15.01%
• 3Y*: 17.18%
• 5Y*: 9.58%
• 10Y*: 8.85%

CCCX-B.TO

• 1D: -2.54%
• 1M: -16.58%
• YTD: -28.96%
• 6M: -33.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FLI.TO vs. CCCX-B.TO - Yearly Performance Comparison

	2026 (YTD)	2025
FLI.TO CI U.S. & Canada Lifeco Covered Call ETF (Hedged Common Units)	3.96%	7.27%
CCCX-B.TO CI Galaxy Core Multi-Crypto ETF (CAD)	-28.96%	-27.81%

Correlation

The correlation between FLI.TO and CCCX-B.TO is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 28, 2025	0.12

Return for Risk

FLI.TO vs. CCCX-B.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLI.TO

FLI.TO Risk / Return Rank: 31
FLI.TO Sharpe Ratio Rank: 31
FLI.TO Sortino Ratio Rank: 29
FLI.TO Omega Ratio Rank: 30
FLI.TO Calmar Ratio Rank: 31
FLI.TO Martin Ratio Rank: 32

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLI.TO vs. CCCX-B.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI U.S. & Canada Lifeco Covered Call ETF (Hedged Common Units) (FLI.TO) and CI Galaxy Core Multi-Crypto ETF (CAD) (CCCX-B.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	FLI.TO	CCCX-B.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.10	—	—
Sortino ratio: Return per unit of downside risk	1.51	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.51	—	—
Martin ratio: Return relative to average drawdown	4.62	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FLI.TO	CCCX-B.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.10	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.38	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	-1.24	+1.63

Drawdowns

FLI.TO vs. CCCX-B.TO - Drawdown Comparison

The maximum FLI.TO drawdown since its inception was -56.31%, roughly equal to the maximum CCCX-B.TO drawdown of -54.49%. Use the drawdown chart below to compare losses from any high point for FLI.TO and CCCX-B.TO.

Drawdown Indicators

	FLI.TO	CCCX-B.TO	Difference
Max Drawdown Largest peak-to-trough decline	-56.31%	-54.49%	-1.82%
Max Drawdown (1Y) Largest decline over 1 year	-10.00%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-12.65%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.81%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-56.31%	—	—
Current Drawdown Current decline from peak	-2.68%	-53.93%	+51.25%
Average Drawdown Average peak-to-trough decline	-7.55%	-33.05%	+25.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.26%	—	—

Volatility

Volatility by Period

	FLI.TO	CCCX-B.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.56%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.75%	47.23%	-33.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.57%	47.23%	-28.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.63%	47.23%	-23.60%

Dividends

FLI.TO vs. CCCX-B.TO - Dividend Comparison

FLI.TO's dividend yield for the trailing twelve months is around 7.52%, while CCCX-B.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CCCX-B.TO CI Galaxy Core Multi-Crypto ETF (CAD)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FLI.TO CI U.S. & Canada Lifeco Covered Call ETF (Hedged Common Units)	7.52%	6.63%	6.36%	7.23%	7.43%	6.52%	11.67%	6.18%	7.23%	5.05%	5.68%	5.14%

Frequently Asked Questions

Can I hold both FLI.TO and CCCX-B.TO in my portfolio?

FLI.TO and CCCX-B.TO have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between FLI.TO and CCCX-B.TO?

FLI.TO is categorized as Derivative Income, while CCCX-B.TO is Cryptocurrency.